ASEAN KEY DESTINATIONS
25 September 2014
The Straits Times Index (STI) ended -1.82 points lower or -0.06% to 3290.99, taking the year-to-date performance to +3.98%.
The FTSE ST Mid Cap Index gained +0.25% while the FTSE ST Small Cap Index declined -0.08%. The top active stocks were SingTel (-0.53%), DBS (-0.33%), Keppel Corp (-0.76%), Global Logistic (+0.72%) and OCBC Bank (-0.51%).
The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index (+0.48%). The two biggest stocks of the FTSE ST Real Estate Holding and Development Index are Hongkong Land Holdings (+1.16%) and Global Logistic Properties (+0.72%). The underperforming sector was the FTSE ST Health Care Index, which declined -0.60% with Raffles Medical Group’s share price declining -1.03% and Biosensors International Group’s share price unchanged. The FTSE ST Consumer Services Index gained +0.39%. The FTSE ST Real Estate Index gained +0.26%. The FTSE ST Utilities Index gained +0.27%.
The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.06%), DBXT MSCI Indonesia ETF (-0.14%), DBXT MSCI Korea ETF (+0.23%).
The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.78%), Suntec REIT (+1.14%), Accordia Golf Trust (-1.12%).
The most active index warrants by value today were HSI23800MBePW141030 (+10.89%), HSI24000MBeCW141030 (unchanged), HSI24200MBeCW141127 (unchanged).
The most active stock warrants by value today were DBS MB eCW150106 (-2.13%), UOB MB eCW141201 (-1.75%), DBS MB ePW141202 (+1.79%).
Singapore Stock Market
*ST Index 3,290.99 -1.82 3,292.81 -5.28
Volume: 1,262.8M 1,284.3M
Value: $701.3M $860.3M
Gainers/Losers: 195/212 175/223
Daily Market Commentary (Securities)
25 Sep 2014
The FBM KLCI index gained 3.03 points or 0.16% on Thursday. The Finance Index fell 0.09% to 17243.66 points, the Properties Index up 0.53% to 1504.73 points and the Plantation Index rose 0.65% to 8414.52 points. The market traded within a range of 7.00 points between an intra-day high of 1842.64 and a low of 1835.64 during the session.
Actively traded stocks include SUMATEC, PDZ, TMCLIFE-WA, FOCUS, SUMATEC-WB, NEXGRAM, FOCUS-WB, TAKASO, ASIABIO and PWORTH. Trading volume decreased to 2399.92 mil shares worth RM1849.85 mil as compared to Wednesday’s 2689.77 mil shares worth RM2199.55 mil.
Leading Movers were KLK (+48 sen to RM21.60), CIMB (+12 sen to RM7.10), GENM (+6 sen to RM4.20), ASTRO (+4 sen to RM3.35) and YTL (+2 sen to RM1.71). Lagging Movers were UMW (-28 sen to RM12.00), MAYBANK (-4 sen to RM9.88), PPB (-4 sen to RM14.20), PETGAS (-6 sen to RM22.68) and SKPETRO (-1 sen to RM4.13). Market breadth was negative with 419 gainers as compared to 437 losers.
The KLCI today closed higher at 1843.11 points. The local bourse managed to erase its earlier losses and inched upwards, as investors continue to bargain hunt amid improving market sentiment, spurred on by new U.S. home sales data. Regionally, Asian markets slid but remained mixed, as the impact of overnight gains on Wall Street begin to wane. Investors continue to keep their ear to the ground, for clues on stimulus measures by the ECB, developments on the on-going conflict in Syria, and a possible changing of the guard at the Governor position in the PBOC.
Land & Houses Securities to resume operation on September 29
BANGKOK, September 25, 2014 - The Stock Exchange of Thailand (SET) announces that Land & Houses Securities pcl, under the ticker symbol "LHS", will be ready to operate as a securities and derivatives brokerage from September 29, 2014 onwards.
SET President Kesara Manchusree said LHS was qualified to operate a brokerage business, after completely implementing system test, human resource and risk management. Thus, SET, Thailand Futures Exchange PCL and Thailand Clearing House Co., Ltd. had approved it to resume operations, including a clearing service,using its former broker member number five.
"The LHS's resumption will enhance and drive its business expansion, boosting its capacity to access new customers with demand to trade in both securities and derivatives markets seamlessly and efficiently. The broker is planning to expand three new branches in 2015", Kesara said.
LHS, formerly known as CIMB Securities International (Thailand) pcl, had temporarily suspended its operations since December 1, 2012, then restructured its shareholding and management team and changed its name to LHS.
LHS is located at 11 Q.House Sathorn FL M, South Sathorn road, Thungmahameak, Bangkok 10120, with contact Tel 0-2352-5100 and www.lhsec.co.th
As of 25 September 2014 Unit: M.Baht
Type Buy Sell Net
Institution 3,879.13 4,085.13 -205.99
Proprietary 5,765.78 4,291.42 1,474.36
Foreign 13,112.17 10,714.35 2,397.82
Individual 32,979.69 36,645.87 -3,666.18
Total Trading Value 55,736.77 M.Baht
Vietnam index ends up 0.25 pct on value buying
Vietnam's benchmark VN Index ended up 0.25 pct on Thursday, snapping an eight-day falling streak, as investors sought cheap shares in energy and
The index closed at 605.10 after having lost 4.6 percent between Wednesday and Sept. 15, due partly to a portfolio review by exchange-traded funds.
Investors favouring risk could seek cheap shares that have fallen in recent sessions, such as those in the oil and gas sectors as well as securities companies, BIDV Securities said in a note to clients.
Petrovietnam Gas , the country's largest listed firm, gained 1.9 percent to close at the session's high of 107,000 dong ($5.05) each. The scrip has declined by around 16 percent since touching an intra-day record high of 128,000 dong on Aug. 29.
Saigon Securities ended up 1.77 percent at 28,800 dong on Thursday.
Volumes hit 135.77 million shares, slightly below the five-day average of 136.53 million, Reuters data showed.
Here is a snapshot of the VN Index at the close
VN Index 605.10
PREV. CLOSE 603.59
% CHANGE 0.25%
SE Asia Stocks-Mixed, Indonesian shares outperform regional markets
Southeast Asian markets ended mixed on Thursday, with Indonesian stocks outperforming the region despite foreign outflow as investors bought beaten down shares after the sell off early this week.
Some markets were upbeat over Wednesday's gains on Wall Street on strong U.S. housing data and dovish statements from a top Federal Reserve official, but investors were still cautious and awaited U.S. jobless claims and durable goods numbers due later in the day for cues.
The Jakarta Composite Index ended 0.5 percent up, recovering from its lowest close since Sept. 16, despite selling from foreign investors, who offloaded a net $46.19 million worth of shares.
"The market is lacking new sentiment, but the decline in the past few days is giving investors opportunities to enter the market," said Reza Priyambada, head of research at Woori Korindo Securities Indonesia.
Financials led the overall gain with Banks Central Asia and Bank Rakyat Indonesia adding 3.2 percent and 1.7 percent respectively.
Priyambada said a stable rupiah also supported positive sentiment.
Thailand's SET index surrendered its early gains to end steady at a 16-month closing high, with foreign investors buying $74.30 million worth of shares on Thursday.
Analysts however said investors were optimistic of Thailand's economic growth prospect.
Thailand's central bank will release revised economic projections on Friday and the market expects it to keep the country's 2014 GDP growth forecast under 2 percent and announce a higher growth estimate for the next year.
Other Southeast Asian markets traded mixed. Malaysian shares closed 0.2 percent firmer despite $39.12 million outflow, while the Philippines ended 0.8 percent weaker, though foreign investors bought $7.43 million worth of shares.
Vietnam's benchmark VN Index , which fell dropped below the key 600-mark in the morning session, recovered to end 0.3 percent higher.
SOUTHEAST ASIAN STOCK MARKETS
Market Current Prev Close Pct Move
Singapore 3290.99 3292.81 -0.06
Kuala Lumpur 1843.11 1840.08 +0.16
Bangkok 1591.99 1591.89 +0.01
Jakarta 5201.38 5174.01 +0.53
Manila 7294.21 7355.29 -0.83
Ho Chi Minh 605.10 603.59 +0.25